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I found a 180 loophole to income-based repayment schemes
| Waveracewar 64 | 03/14/19 |
| Ima Rike an Oerd Moner WASP, Blo | 03/14/19 |
| Waveracewar 64 | 03/14/19 |
| Ima Rike an Oerd Moner WASP, Blo | 03/14/19 |
| arnold blacknigger | 06/24/19 |
| PeteSassyBraveNavyFruit | 06/25/19 |
| short man | 06/25/19 |
| Waveracewar 64 | 04/22/19 |
| .........,,.,.,.,.,,,,,,.,.,.,.,.,. | 06/24/19 |
| pepito | 06/24/19 |
| Waveracewar 64 | 06/25/19 |
| ....;.::..............,,;,.,,,,,,.... | 06/24/19 |
| luis (retired) | 06/24/19 |
| .........,,.,.,.,.,,,,,,.,.,.,.,.,. | 06/24/19 |
| pepito | 06/24/19 |
| ....;.::..............,,;,.,,,,,,.... | 06/24/19 |
| pepito | 06/24/19 |
| .........,,.,.,.,.,,,,,,.,.,.,.,.,. | 06/24/19 |
| Waveracewar 64 | 06/25/19 |
| CapTTTainFalcon | 07/28/19 |
| short man | 06/25/19 |
| An Evangelical | 06/24/19 |
| ....;.::..............,,;,.,,,,,,.... | 06/24/19 |
| An Evangelical | 06/24/19 |
| Maori woman performing defiant haka | 06/24/19 |
| Hysterical bitchmade deepstate faggot | 06/24/19 |
| Waveracewar 64 | 06/25/19 |
| boomerboat | 06/24/19 |
| ><<(^((*> | 06/24/19 |
| donny (retired) | 06/24/19 |
| .........,,.,.,.,.,,,,,,.,.,.,.,.,. | 06/25/19 |
| PeteSassyBraveNavyFruit | 06/25/19 |
| and when i started to squeeze the bar brother | 06/25/19 |
| Waveracewar 64 | 07/28/19 |
| \"\"\"\"\'\'\'\"\"\' | 07/28/19 |
Poast new message in this thread
Date: March 14th, 2019 8:49 PM Author: Waveracewar 64 tl;dr Income is calculated post-401k contribution, so max your 401k in the month you use to certify income
The income-based programs allow you to use a paystub to certify income and use taxable income to estimate your income.
What I did was max out my 401k one month: I make $14.5k/month (paid monthly), and Vanguard maxes out at 75%, so put up about 10k into my 401k, leaving my monthly income as ~$4.5k. I submitted this paystub to the loan servicer and now have a ~$200/mo payment.
This is 180 because even if I go the entire 25 years, it doesn't come close to my total loan value. Also, time value of money and I also expect further loan relief. Worst case scenario I get rich and have to pay back my loan. |
Date: March 14th, 2019 8:50 PM Author: Ima Rike an Oerd Moner WASP, Blo LJL at proles who have to repay loans. (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#37932659) |
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Date: March 14th, 2019 8:51 PM Author: Waveracewar 64 Actually it's incredibly prestigious to let the government pay hundreds of thousands on your behalf and then stiff the government on the repayment. (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#37932664) |
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Date: March 14th, 2019 8:52 PM Author: Ima Rike an Oerd Moner WASP, Blo (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#37932669) |
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Date: June 24th, 2019 10:35 PM Author: arnold blacknigger (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435257) |
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Date: June 25th, 2019 11:26 AM Author: PeteSassyBraveNavyFruit (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437252) |
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Date: June 25th, 2019 11:41 AM Author: short man (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437328) |
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Date: April 22nd, 2019 7:50 PM Author: Waveracewar 64 Elizabeth Warren bump (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38126710) |
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Date: June 24th, 2019 9:52 PM Author: .........,,.,.,.,.,,,,,,.,.,.,.,.,. So fraud. Would bet the house you're Jewish (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435038) |
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Date: June 24th, 2019 9:54 PM Author: pepito the entire system is fraud on multiple levels (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435041) |
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Date: June 25th, 2019 11:39 AM Author: Waveracewar 64 (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437321) |
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Date: June 24th, 2019 9:57 PM Author: ....;.::..............,,;,.,,,,,,.... it's not a loophole. you're supposed to report material changes in your income. you don't think that your income going up by 300% the next month is a material change? (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435049) |
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Date: June 24th, 2019 10:15 PM Author: luis (retired) (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435145) |
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Date: June 24th, 2019 10:16 PM Author: .........,,.,.,.,.,,,,,,.,.,.,.,.,. He's Jewish. I've heard this "loophole" logic used to justify various forms of fraud (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435159) |
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Date: June 24th, 2019 10:26 PM Author: pepito OY VEY PAY UP UR SHEKELS! (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435215) |
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Date: June 24th, 2019 10:27 PM Author: ....;.::..............,,;,.,,,,,,.... jews being jews doesn't justify fraud. have some integrity. (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435222) |
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Date: June 24th, 2019 10:27 PM Author: pepito OY VEY ITS ANNODAH SHOAH! (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435226) |
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Date: June 24th, 2019 10:32 PM Author: .........,,.,.,.,.,,,,,,.,.,.,.,.,. https://www.google.com/amp/s/amp.app.com/amp/740083002
Loophole or nah? |
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Date: June 25th, 2019 2:09 PM Author: Waveracewar 64 (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38438246) |
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Date: July 28th, 2019 4:27 PM Author: CapTTTainFalcon (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38601731) |
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Date: June 25th, 2019 11:41 AM Author: short man (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437336) |
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Date: June 24th, 2019 10:29 PM Author: An Evangelical What is the largest percent that is immaterial friend? (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435238) |
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Date: June 24th, 2019 10:37 PM Author: ....;.::..............,,;,.,,,,,,.... (110 iq redditor asking "but where do we draw the line?") (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435274) |
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Date: June 24th, 2019 11:03 PM Author: An Evangelical No (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435416) |
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Date: June 24th, 2019 10:38 PM Author: Maori woman performing defiant haka 25% is pushing it (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435284) |
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Date: June 24th, 2019 11:07 PM Author: Hysterical bitchmade deepstate faggot cr, this faggot needs to be prosecuted (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435434) |
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Date: June 25th, 2019 11:39 AM Author: Waveracewar 64 You misunderstand this checkbox on the income certification form.
I ALWAYS check the "my income has significantly changed" box so that they let me use paystubs to calculate income instead of tax returns.
You only have to certify once a year. You have the option of certifying again (say if you lost your job or similar), but are not required to. Hilariously, if your income changes upward, you still can pay the lower rate the rest of the year. Income based repayment is a "heads I win, tails you lose" program. |
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Date: June 24th, 2019 10:29 PM Author: boomerboat 180 (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435240) |
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Date: June 24th, 2019 10:36 PM Author: ><<(^((*> Happy purim (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435262) |
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Date: June 24th, 2019 11:04 PM Author: donny (retired) (donny) (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38435422) |
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Date: June 25th, 2019 11:22 AM Author: .........,,.,.,.,.,,,,,,.,.,.,.,.,. (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437225) |
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Date: June 25th, 2019 11:26 AM Author: PeteSassyBraveNavyFruit There are all sorts of schemes like this...its 180 (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437255) |
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Date: June 25th, 2019 11:28 AM Author: and when i started to squeeze the bar brother (http://youtu.be/sqLsqHctThU) Bookmarking for later (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38437264) |
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Date: July 28th, 2019 3:30 PM Author: Waveracewar 64 They are cracking down on income based repayment fraud, luckily they are getting at the dumb goyim who claim 30 dependents: https://abcnews.go.com/amp/Politics/wireStory/feds-find-potential-fraud-student-loan-repayment-plans-64575667
Still riding this loophole, but currently have $0 payments for the next year because I had a brief lapse of employment and recalculated income during this period lol. |
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Date: July 28th, 2019 4:25 PM Author: \"\"\"\"\'\'\'\"\"\' (http://www.autoadmit.com/thread.php?thread_id=4221025&forum_id=2#38601728) |